[GNC] Multiple currencies

[Paul Kroitor]

Each account in your CoA operates in a specific currency, which is specified
when you create it. I expect you haven't seen this yet, as you haven't set
up your accounts. I'm pretty sure you don't need to add anything new for the
Riel (KHR), as all the standard currencies are already built in. In fact,
you can't add any more anyway.

I suggest you make a practice file, accepting one of the default Charts of
Accounts and then play with doing things in two currencies. If your base
system is US$, you should add a couple of accounts that use KHR, and
practice moving money back and forth. Then it's a simple matter to throw
away your test books and start a real one.

By default your reports will be in US$; many or most reports will show
amounts that are actually in KHR in a smaller font just to the left of the
main US$ amount.

Paul


-----Original Message-----
From: gnucash-user <gnucash-user-bounces+paul=kroitor.ca at gnucash.org> On
Behalf Of Norbert Klein
Sent: July 17, 2022 1:14 AM
To: gnucash-user at gnucash.org
Subject: [GNC] Multiple currencies

I am a new gnucash user, living in Cambodia (since 32 years).

I downloaded (in Windows 10), installed and tried to set up gnucash with the
US$ as the basic currency (which was already set-up as a default). I have
not yet set up the accounts.

Then I tried to find out how to make it possible to use, in addition, also
the Cambodian currency - the Riel - which is used here, alternatively to the
US$, every day. The Riel is available as one of the currencies that can be
used in gnucash.

I spent quite some time reading gnucash documents, but so far without
success. I would be most grateful if somebody could help me.

Norbert (Klein) - a German

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